Traditionally, banks are quite aggressive with the pricing of their consumer bank account, compared to their business bank accounts. The good news I have for everyone is that things are starting to change. RBC has recently introduced a $6 Small Business Account, which includes 8 transaction. A transaction includes your standard online bill payments, bank
Posts Tagged ‘best choice’
Debt Avalanche VS Debt Snowball
I have been focusing on eliminating debt the past week, and hopefully you have read about the following great methods to eliminate your debt, the debt avalanche and debt snowball. To remind you the debt snowball method involves you paying off your smallest debt first, and subsequently moving onto your higher debts; slowly paying off
Money Well Spent: Part II
In my previous post on money well spent, I explained some of my thoughts on the relationship between money and experiences. Essentially, I feel that while refraining from spending money on frivolous expenses, such as lattes, is the “right” thing to do financially, it isn’t always the best choice. Instead, I argued that certain experiences
Money Well Spent: Part I
There’s an often cited example of personal finance that revolves around the issue of a $4 latte. The typical theory is that if one was to stop buying a daily latte, and instead invest the money, they would be rich. The math and the logic behind that argument is generally hard to refute, but as











